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Suppose a U.S. investor wishes to invest in a British firm currently selling for 40 per share. The investor has $12,000 to invest, and the

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Suppose a U.S. investor wishes to invest in a British firm currently selling for 40 per share. The investor has $12,000 to invest, and the current exchange rate is $2/E. Suppose now the investor also sells forward $6,000 at a forward exchange rate of $2.10/ Required: a. Caiculate the dollar-denominated returns for each scenario. (Round your percentage answers to 2 decimal places. Negative amounts should be indicated by a minus sign.)

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